Fervo Energy

company 1 Deal 1 Partner

Fervo Energy develops, owns, and operates next-generation geothermal assets to provide 24/7 carbon-free energy. The company leverages oil and gas technologies like horizontal drilling to unlock geothermal resources in new locations, aiming to make geothermal cost-competitive and scalable.

Get alerts when new deals involving Fervo Energy are announced — free, no spam.

Renewable Energy DeveloperDeveloperOwnerOperator

Strategic Overview

Leverages oil and gas technologies (horizontal drilling, distributed fiber optic sensing) for geothermal development.
Focuses on delivering 24/7 carbon-free energy, complementing variable renewables.
Aims to make geothermal cost-competitive and scalable beyond traditional geographic limitations.
Collaborates with partners including Schlumberger, ARPA-E, and Lawrence Berkeley National Lab.

Deal History (1)

Fervo Energy signs 1.7-GW turbine supply agreement with Turboden subsidiary for U.S. geothermal power plants

Offtaker Geothermal United States Apr 7, 2026

Investment Focus

Technologies

Geothermal1

Geography

United States1

Detailed Analysis

Sectors

Energy TransitionUtilities

Technologies

Geothermal

Geographies

USA

Deal Stage

GreenfieldBrownfield

Access the complete profile — deal history, track record, and investment analysis.

View Full Profile